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Business
April 30, 2024
Sharp Gaming Migrates to Betfred, Rebrands to Betfred Technology
Sharp Gaming is a technology developer focusing on the gambling sector which launched seven years ago. Since then, the developer has benefitted from more than £100 million ($125.2 million) in funding from Betfred’s chairman, Fred Done, culminating with the absorption of Sharp Gaming by Betfred. The strategic migration was completed last week and as a […]
Business
April 30, 2024
Billionaire Barry Diller Granted Another Chance for Nevada Casino License
Media mogul Barry Diller, known for his prominent role in the entertainment industry, will have another opportunity to secure a full gaming license in Nevada. The decision comes as the Nevada Gaming Control Board (NGCB) voted to reconsider Diller’s application, marking a significant development in his pursuit of entering the casino industry. The Billionaire Faced […]
Business
April 30, 2024
JP Morgan Updates Price Target for Red Rock Ahead of Q1 Results
Earlier this month, the gaming and hospitality operator, Boyd Gaming, released its first quarter results, highlighting an increase in online revenue despite a dip in its overall revenue. In total, the company reported $960.5 million in revenue, a figure that was slightly lower year-over-year when compared to the Q1 2023 result of $964.0 million. Upon […]
Business
April 29, 2024
Playtech Invests Further in NorthStar Gaming to Boost Player Acquisition Push
NorthStar Gaming, a subsidiary of NorthStar Ontario, has extended its partnership with Playtech Software Limited, originally signed on June 23, 2023, which will now see the latter party strengthen its marketing agreement with the Canadian iGaming and sports betting operator. NorthStar and Playtech Software Ltd Thicken Ties Again Under the terms of the agreement, Playtech […]
Business
April 29, 2024
Controversy Erupts as 888.com Pulls London Ads Amid Backlash
888.com, an online casino company, has announced its decision to pull back advertisements from various locations across London, including the city’s transport network. This move comes in the wake of mounting criticism regarding the tone of their adverts, which has sparked a debate over the approval process for such promotions. TfL Under Fire as 888.com […]
Business
April 26, 2024
Former GiG CFO Justin Psaila Joins White Hat Gaming
White Hat Gaming, a leading B2B provider in the iGaming industry, has announced the appointment of Justin Psaila as its new chief financial officer (CFO). Psaila brings nearly a decade of experience from his tenure at Gaming Innovation Group (GiG), where he served as CFO since July 2015. He should provide valuable input and help […]
Business
April 26, 2024
Boyd Gaming Reports Increase in Online Revenue despite Overall Dip in Q1
The leading gaming and hospitality company, Boyd Gaming, announced its latest unaudited financial report uncovering details regarding its performance for the first quarter of 2024. The report first emerged on Thursday, uncovering strong results despite some challenges encountered in the first quarter. For the first quarter of this year, Boyd Gaming reported $960.5 million in […]
Business
April 26, 2024
Aristocrat Completes Its $1.2B Acquisition of Neo Group
On May 15, 2023, Aristocrat Leisure Limited, an Australian gambling machine manufacturer, announced its intention to acquire Neo Group in a historic deal. Almost a year later, the latter group, formerly known as NeoGames SA, announced that the transaction had been completed. The announcement comes a week after Aristocrat successfully navigated through the regulatory labyrinth, […]
Business
April 26, 2024
Betsson Starts 2024 with Stellar First Quarter Results
The leading online gambling company with a strong presence across the globe, Betsson AB, released its interim results for the first quarter of 2024. On Friday, the company disclosed financial details regarding the three-month period between January and March this year, highlighting a number of important achievements, an increase in revenue and growth in the […]
Business
April 25, 2024
Sportradar Chooses Craig Felenstein as the New CFO
The 2011-founded global sports technology company that creates immersive experiences for sports fans and bettors, Sportradar Group, has appointed Craig Felenstein as its new chief financial officer. Felenstein, who previously embraced the same role with the global leader in expedition cruises and adventure travel, Lindblad Expeditions, will start to exercise his duties effective June 1. […]
